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Reform of the Banking Systems of the Countries of the EEU on the Eve of Creating a Single Financial Market

Abstract

In the article the problems of formation and functioning of banking systems of the EAEU member States, their common features, peculiarities of development associated with the weak competitiveness of banks of individual countries and their involvement in the creation of a single banking market, harmonization of banking legislation and regulation of the banking business. This paper shows the directions of improving the banking activities of the EAEU countries and the development of the balance of banking services. In the end it is concluded that the only solution to these problems will allow the banking systems of the countries of the EEU to create the common financial market

About the Authors

E. B. Starodubtseva
Financial University
Russian Federation


O. M. Markova
Financial University
Russian Federation


References

1. Vasin M. Information attacks on banks: assessment of direct losses and long-term consequences [Informacionnye ataki na banki: ocenka prjamyh poter’ i dolgosrochnyh posledstvij]. URL: http://bosfera.ru/bo/informacionnyeataki-na-banki-ocenka-pryamyh- poter-i-dolgosrochnyh-posledstviy (In Russ.)

2. Starodubceva E. B. Unification of the Regulation of the Activity of Banks in the Financial Market of the Countries of the Eurasian Economic Union // Trends and Prospects for the Development of the Eurasian Economic Union in the Context of the Experience of European Integration and Global Challenges [Unifikacija regulirovanija dejatel’nosti bankov na finansovom rynke stran Evrazijskogo jekonomicheskogo sojuza] // Tendencii i perspektivy razvitija evrazijskogo jekonomicheskogo sojuza v kontekste opyta evropejskoj integracii i global’nyh vyzovov / ed. L. N. Krasavinа. Moscow, 2016 (In Russ.).

3. Starodubtseva E. B. Prospects of supranational megalgulation within the framework of the Eurasian Economic Union // World Economy: Challenges of Global Development: A Scientific Review. T.2 [Perspektivyi nadnatsionalnogo megaregulirovaniya v ramkah Evraziyskogo ekonomicheskogo soyuza // Mirovaya ekonomika: vyizovyi globalnogo razvitiya, Nauchnoe obozrenie, vol. 2] / ed. E. B. Starodubtseva. Moscow, Editus, 2015 (In Russ.).


Review

For citations:


Starodubtseva E.B., Markova O.M. Reform of the Banking Systems of the Countries of the EEU on the Eve of Creating a Single Financial Market. The world of new economy. 2017;(4):108-113. (In Russ.)

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ISSN 2220-6469 (Print)
ISSN 2220-7872 (Online)